Zhejiang Yingfeng Technology Balance Sheet Health
Financial Health criteria checks 2/6
Zhejiang Yingfeng Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥776.0M, which brings its debt-to-equity ratio to 67.4%. Its total assets and total liabilities are CN¥2.5B and CN¥1.3B respectively. Zhejiang Yingfeng Technology's EBIT is CN¥45.0M making its interest coverage ratio 2.3. It has cash and short-term investments of CN¥277.6M.
Key information
67.4%
Debt to equity ratio
CN¥776.00m
Debt
| Interest coverage ratio | 2.3x |
| Cash | CN¥277.63m |
| Equity | CN¥1.15b |
| Total liabilities | CN¥1.35b |
| Total assets | CN¥2.50b |
Recent financial health updates
No updates
Recent updates
Investors Appear Satisfied With Zhejiang Yingfeng Technology Co., Ltd.'s (SHSE:605055) Prospects
Dec 11
Investors Could Be Concerned With Zhejiang Yingfeng Technology's (SHSE:605055) Returns On Capital
Oct 03Zhejiang Yingfeng Technology Co., Ltd. (SHSE:605055) Doing What It Can To Lift Shares
Jun 06The Strong Earnings Posted By Zhejiang Yingfeng Technology (SHSE:605055) Are A Good Indication Of The Strength Of The Business
May 01Zhejiang Yingfeng Technology Co., Ltd.'s (SHSE:605055) Shares Not Telling The Full Story
Mar 05Financial Position Analysis
Short Term Liabilities: 605055's short term assets (CN¥494.2M) do not cover its short term liabilities (CN¥1.2B).
Long Term Liabilities: 605055's short term assets (CN¥494.2M) exceed its long term liabilities (CN¥114.1M).
Debt to Equity History and Analysis
Debt Level: 605055's net debt to equity ratio (43.3%) is considered high.
Reducing Debt: 605055's debt to equity ratio has increased from 39.4% to 67.4% over the past 5 years.
Debt Coverage: 605055's debt is well covered by operating cash flow (47.5%).
Interest Coverage: 605055's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 17:08 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Zhejiang Yingfeng Technology Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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